Page 448 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)
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5/22/25, 3:02 PM UAE investments in Belarus exceed $4 billion: Minister
investments in Belarus have exceeded the $4 billion mark, stressing that the UAE is
among the top three largest investors in Belarus. He noted that Emirati investments
cover vital sectors including defence, technology, hospitality, and urban
development.
Al Zeyoudi pointed out the growing interest from Emirati companies in investing in
the food and industrial sectors, where Belarus possesses significant expertise and
competitive capabilities.
As part of the ongoing strategic relations between the two countries, Al Zeyoudi
said that over the recent months, negotiations on a free trade agreement concerning
goods with the Eurasian Economic Union have been completed. It is expected to be
signed soon in Minsk. He also noted the completion of a supplementary bilateral
agreement on services and investments, adding that legal reviews are underway in
preparation for the signing.
He emphasised the importance of building on this positive momentum by enhancing
institutional and sectoral cooperation, organising business delegations and business
councils, and holding the next session of the joint economic committee later this
year. These efforts will help open new horizons for partnership and economic
integration between the two sides.
"There is a focus on exploring new opportunities in the food and industrial sectors,
given Belarus's advanced production infrastructure and skilled workforce, which
enhances prospects for integration in new economy sectors," he added.
Regarding the International Exhibition Centre inaugurated today in Minsk with
Emirati investments, Al Zeyoudi stated that the centre's opening marks the first
phase of the Northern Waterfront project. "It represents the launch of an ambitious
plan to build a smart economic city in Belarus, aiming to attract investments in
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